Tesla Stock Soars and Hits a New Record

Read more at USA Today.
Last year, the company’s stock was $33.80 at close. CEO Elon Musk boasted the gross profit. According to Bloomberg, the 10-year-old company exceeded $30 billion in market value, which is more than half of General Motors Co.’s.
A Tesla car is priced between $75,000 and $110,000. The young all electric luxury car company has repaid their $465 million federal loan.
According to USA today, Tesla plans to reach a sales goal of 35,000 cars this year.
Reach Executive Producer Scarlett Zhiqi Chen here.